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Bitcoin technical analysis

  • #7,741
  • Sep 12, 2020 6:58am Sep 12, 2020 6:58am
Bitcoin before

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Bitcoin now

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Technical Analyst & Trader @ Vikinsa
  • #7,742
  • Sep 12, 2020 4:03pm Sep 12, 2020 4:03pm
Bitcoin gained $110 today. Not bad for a Saturday.
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  • #7,743
  • Sep 13, 2020 4:07pm Sep 13, 2020 4:07pm
Bitcoin lost $122 Sunday totally erasing the gains of Saturday.
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  • #7,744
  • Sep 14, 2020 4:28pm Sep 14, 2020 4:28pm
The Bitcoin bull was busy today pushing the price up by $380.
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  • #7,745
  • Sep 15, 2020 4:17pm Sep 15, 2020 4:17pm
Bitcoin continued its bull move today gaining $170.
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  • #7,746
  • Sep 16, 2020 4:11pm Sep 16, 2020 4:11pm
Bitcoin gained $120 today making the gain for the last 3 days $670.
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  • #7,747
  • Sep 17, 2020 4:18pm Sep 17, 2020 4:18pm
Bitcoin went down $36 today. Is it in consolidation mode before going up further?
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  • #7,748
  • Sep 18, 2020 4:16pm Sep 18, 2020 4:16pm
Looks like Bitcoin is not in consolidation mode losing $63 today.
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  • #7,749
  • Edited 9:41pm Sep 18, 2020 8:37pm | Edited 9:41pm
Quoting Hutch
Looks like Bitcoin is not in consolidation mode losing $63 today. {image}
If you are still posting in the BTC thread at least don't post misleading information to other new traders / investors who are watching this topic.

BTC is in consolidation mode for some time now and since 14 September hasn't dropped once under 10k, more than that since 16 September it broke the Resistance at $10.800 to the upside and remained above that important level, closing last night session above the Daily 10 & 20 EMA's.

IF BTC goes under $10.800 and confirms the brake, than we can say that this daily consolidation is over and we can look for lower levels, and as long as $10.000 holds the short-medium term uptrend is intact.

Statements like "Looks like Bitcoin is not in consolidation mode losing $63 today", are invalid to say the least and can influence in a negative way new traders / investors, so please mind your posts in the future because you bare a responsibility as the most active user on this thread.

Cheers and green pips!
  • #7,750
  • Sep 19, 2020 4:05pm Sep 19, 2020 4:05pm
Quoting MisterSpread
{quote} If you are still posting in the BTC thread at least don't post misleading information to other new traders / investors who are watching this topic. BTC is in consolidation mode for some time now and since 14 September hasn't dropped once under 10k, more than that since 16 September it broke the Resistance at $10.800 to the upside and remained above that important level, closing last night session above the Daily 10 & 20 EMA's. IF BTC goes under $10.800 and confirms the brake, than we can say that this daily consolidation is over and we can...
Well it all depends how traders view consolidation modes. I guess you are right since $63 up or down doesn't change the big picture.
  • #7,751
  • Sep 19, 2020 4:07pm Sep 19, 2020 4:07pm
Bitcoin went up $180 today which is good for a Saturday.
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  • #7,752
  • Sep 20, 2020 4:04pm Sep 20, 2020 4:04pm
Bitcoin lost $231 today erasing Saturday's gains and finishing the weekend with a loss of $51.
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  • #7,753
  • Sep 21, 2020 4:06pm Sep 21, 2020 4:06pm
Bitcoin continued Sunday's downward move losing $352 today.
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  • #7,754
  • Sep 22, 2020 4:17pm Sep 22, 2020 4:17pm
Bitcoin went up $27 today. It looks like bulls took a break
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  • #7,755
  • Sep 23, 2020 4:25pm Sep 23, 2020 4:25pm
The bears dominated the Bitcoin market today as it went down $275.
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  • #7,756
  • Sep 24, 2020 4:15pm Sep 24, 2020 4:15pm
The bears stayed home and the bulls came out pushing Bitcoin up by $391.
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  • #7,757
  • Sep 25, 2020 4:22pm Sep 25, 2020 4:22pm
Traders took a break as Bitcoin went up by $88.
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  • #7,758
  • Sep 26, 2020 4:11pm Sep 26, 2020 4:11pm
Bitcoin went down $17 today. I guess it was a quiet Saturday market.
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  • #7,759
  • Sep 27, 2020 4:04pm Sep 27, 2020 4:04pm
Bitcoin went up $28 today a gain of $11 for the weekend.
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  • #7,760
  • Sep 27, 2020 11:17pm Sep 27, 2020 11:17pm
Quoting Hutch
Bitcoin went up $28 today a gain of $11 for the weekend. {image}
You are one of the biggest hidden BTC bears I ever seen , funny how your rethoeric is very clear when trend is bearish , but you say almost anything when there are gains, tisk tisk
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